https://techcrunch.com/2022/07/05/toyota-used-up-all-its-ev-tax-credits-on-hybrids/

Toyota has reached the 200,000-unit cap on electric and plug-in-hybrid vehicles that are eligible for a federal tax credit of $7,500. While the Japanese automaker does have exactly one electric vehicle in its lineup that is eligible for credit, Toyota has mainly used up its tax credit on plug-in hybrids.

Most of the credits were used on Toyota’s Prius Prime and RAV4 Prime plug-in hybrids. Lexus, Toyota’s luxury brand, also has the NX crossover plug-in hybrid. The bZ4X, the automaker’s new all-electric SUV, hasn’t even really had a chance to hit the streets before the tax credits ran out. The first orders were just starting to be delivered, but a couple of weeks ago, Toyota began recalls on the bZ4Xs due to a problem of wheels falling off. The company has sold 232 of the EVs this year so far, according to Toyota’s half-year sales report.